Flipkart is in the process of investing about $40 million in Indian logistics startup Shadowfax to further boost its last-mile delivery service.
Vipin Agarwal had led early and growth stage investments from the $700 million Fosun RZ Capital Fund in India.
Private equity firms including TA Associates and Sandstone Investment are selling 6.9 per cent stake in Micromax Informatics to its promoters.
Fitternity has raised an additional $1 million as part of its Series A funding round from Sixth Sense Ventures, and several other investors.
The round also saw participation from existing investors Insight Venture Partners and Accel.
LGT will acquire the management organisation of Aspada and a significant majority position of its portfolio from Aspada’s sole shareholder SEDF.
The funds will help Translumina acquire global assets, augment R&D efforts, and bolster its India manufacturing capabilities.
CloudCherry's business team will join Cisco’s Contact Center Solutions business, led by Vasili Triant.
Till last month, Tiger Global had already invested about $300 million across 13 Indian startups.
The firm's credit specialist arm, Bain Capital Credit, has hired Suruchi Nangia as a director.
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